I’m an old guy and been through this shortage and inflated price deal several times. Prices probably won’t come all the way down to pre-pandemic prices due to increased labor and transportation costs and inflation in general.
An old guys advice, when prices get down to a more reasonable level, buy, buy, buy everything you can afford. Stockpile! This isn’t anything new and it’ll happen again.
I have enough primers, powder and billets plus loaded ammo to last quite a few years but I’m still buying when the price is right and I’m planning on buying more when prices drop.